Federal Government has assured investors, both foreign and indigenous, of investment security and high returns on investments in Nigeria. Delivery his welcome address at the ongoing Nigerian International Petroleum Summit (NIPS) in Abuja on Monday, President Muhammadu Buhari, who was represented by Secretary to the Government of the Federation (SGF),Read More

United Bank for Africa (UBA) Plc on Tuesday, launched the ‘UBA Bumper Account’, a hybrid account, targeted at transforming the lives of its customers. The new account  is in line with the bank’s mission of creating superior value for its stakeholders while encouraging saving cultures among Nigerians. The account, carefully craftedRead More

The Registrar and Chief Executive Officer, Chartered Institute of Bankers of Nigeria (CIBN), ‘Seye Awojobi has commended Ecobank Nigeria’s various initiatives targeted at building the capacity of its workforce. The Registrar made this disclosure while speaking at the graduation ceremony of Ecobank pioneer management trainees in Lagos. Awojobi, who wasRead More

Ship owners in Nigeria have called for establishment of a maritime bank to help develop the local shipping and maritime investments. This call comes as stakeholders set up a committee to draft the proposed guidelines of disbursing the $200 million Cabotage fund to ship owners through the Cabotage Vessel FinancingRead More

The International Telecommunications Union (ITU), has revealed this in its 2019 ICT Facts and Figures report, network coverage technology in Nigeria, South Africa, Kenya, and other parts of Africa, is still 3G, with 79 per cent penetration while more than 95 per cent of the population in Asia and theRead More

A human rights Activist, Lucky Lackson has frowned on the recent mail which was alledged to have emanated from the MD of PepsiCo Nigeria, where he said “one company will flourish, one will diminish, another will finish. B-brand model of business will either become a temptation for anyone who hasRead More

According to data from the United Nations Conference on Trade and Development (UNCTAD), it was stated that in the last 10 years, no African country has made the leading positing in the shipping connectivity index (maritime transport networks). However, Nigeria, a maritime endowed nation scored a paltry 21.44 compared toRead More

The U.S. top Africa diplomat, Tibor Nagy, warned in Pretoria, South Africa on Monday that African countries running up debt they cannot pay back, including China, should not expect to be bailed out by western-sponsored debt relief. The International Monetary Fund and World Bank began the Heavily Indebted Poor CountriesRead More

Unilever Nigeria released its results yesterday for the quarter ended June 2019 with a N23.42 billion turnover in Q2. The Company recorded a considerable leap in Q2 to record a 24% increase in its profit after tax which stood at N1.9 billion. The company reported a growth of 18% inRead More

TREXM Oil & Gas Services Nigeria Limited, an oil and gas services project delivery company, has unveiled its Flare Care Programme, an initiative launched in partnership with Baker Hughes General Electric (BHGE), to help customers control flare efficiency using an advanced process control algorithm. According to the firm, the move is InRead More